Question 1

What's the conforming loan limit in Brentwood?

Accepted Answer

$806,500 for single-family homes in 2024. Above that, you need jumbo financing with different terms and pricing.

Question 2

Can I use a conforming loan for investment property in Brentwood?

Accepted Answer

Yes, but expect 15-25% down and higher rates. Lenders also require six months reserves for investment properties.

Question 3

How does my credit score affect conforming loan rates?

Accepted Answer

Every 20-point drop below 740 costs about 0.25% in rate. Below 680, pricing adjustments accelerate significantly.

Question 4

Do conforming loans work for new construction in Brentwood?

Accepted Answer

Absolutely. Just lock early since builder timelines slip often. Use extended locks to cover potential delays.

Question 5

What if my Brentwood home price is close to the conforming limit?

Accepted Answer

We run both conforming and jumbo scenarios. Sometimes jumbo pricing beats conforming near the threshold depending on your profile.

Conforming Loans in Brentwood: Lower Rates for Most East County Buyers